#BTCBreaksATH Bitcoin has been on a record-breaking run, reaching new all-time highs for three consecutive days. This surge is attributed to a combination of factors, including Donald Trump's victory in the US election and the Federal Reserve's 25 basis point rate cut, which has sparked renewed investor interest in BTC.

*Current Price:* Bitcoin's current price is $116,729.98, with a 5.12% increase in the last 24 hours. This price surge has pushed Bitcoin into a new phase of price discovery.

*Analyst Predictions:* Top crypto analyst Daan predicts that Bitcoin's next target could be $88,800, citing strong institutional demand and favorable macroeconomic conditions. Other predictions suggest Bitcoin could reach $100,000, although it needs to clear significant resistance levels around $88,400 and $90,000.

*Market Trends:* The current bull trend appears to be in its early stages, with many analysts expecting strong momentum as institutional demand surges. The total crypto market capitalization has yet to reclaim its all-time high of $3.01 trillion, which could impact Bitcoin's momentum.

*Key Resistance Levels:*

- $88,400: A significant resistance level that could slow upward momentum

- $90,000: Another barrier where increased selling pressure could occur

- $100,000: A major psychological price point where investors may take profits

*Year-end Projections:* Long-term projections suggest Bitcoin could reach $200,000 or even $352,000 by the end of the year, driven by institutional and retail investment ¹ ².